Management Accounting, 7.5 credits
Management Accounting, 7,5 högskolepoäng
Course Syllabus for students Spring 2020
Course Code:ACDK13
Confirmed by:Council for Undergraduate and Masters Education Jan 4, 2013
Revised by:Council for Undergraduate and Masters Education Oct 12, 2017
Valid From:Jan 15, 2018
Reg number:IHH 2017/4589-313
Education Cycle:First-cycle level
Disciplinary domain:Social sciences
Subject group:FE1
Specialised in:G1F
Main field of study:Business Administration

Intended Learning Outcomes (ILO)

On completion of the course the student will be able to:

Knowledge and understanding

1. account for and explain the fundamental models and concepts in management accounting,

Skills and abilities

2. use management accounting models and concepts for making different types of cost estimates,
3. use management accounting models and concepts for analyzing the relationship between cost, volume, revenues and profit,
4. use management accounting models and concepts to prepare budgets and calculate relevant budget variances,
5. use management accounting models, concepts and research to identify relevant performance measurements in relation to different situations and contexts and then make the needed computations,

Judgement and approach

6. analyze and critically discuss some of the consequences of cost calculation, performance measurements and budgeting processes for organizational action,
7. account for and critically discuss some of the major problems associated with traditional cost management, performance measurement and budgeting,
8. account for and critically discuss some of the main ideas and tools for strategic cost management


Internal management accounting systems serve a crucial role in companies’ achieving their goals and objectives, and implementing strategies. As such management accounting is of importance to corporate governance and company sustainability. This course teaches students roles of management accounting, different types of management accounting systems, and how they are used. A strong focus is on costs of doing business, analysing costs and their behaviour. Another major emphasis is design and use of budget-based performance evaluation systems.

Type of instruction

Lectures, exercise seminars and compulsory group assignments.

The teaching is conducted in English.


30 credits in Business Administration or Economics including Basic Financial Accounting (or the equivalent).

Examination and grades

The course is graded A, B, C, D, E, FX or F.

ILO 1, 3 and 5 are examined in a written exam. ILO 6 and 7 are examined in group assignments that are both written and presented orally. ILO 2, 4 and 8 are examined in the written exam as well as in a group assignment.

Written exam: 4.5 credits (60% of total course credit). Group assignments: 3 credits (40% of total course credit). A pass grade must be achieved on both the exam and assignments in order to pass the course.

Registration of examination:
Name of the TestValueGrading
Examination4.5 creditsA/B/C/D/E/FX/F
Group assignments3 creditsA/B/C/D/E/FX/F

Course evaluation

It is the responsibility of the examiner to ensure that each course is evaluated. At the outset of the course, evaluators must be identified (elected) among the students. The course evaluation is carried out continuously as well as at the end of the course. On the completion of the course the course evaluators and course examiner discuss the course evaluation and possible improvements. A summary report is created and archived. The reports are followed up by program directors and discussed in program groups and with relevant others (depending on issue e.g. Associate Dean of Education, Associate Dean of faculty, Director of PhD Candidates, Dean and Director of Studies). The next time the course runs, students should be informed of any measures taken to improve the course based on the previous course evaluation.

Other information

Academic integrity

JIBS students are expected to maintain a strong academic integrity. This implies to behave within the boundaries of academic rules and expectations relating to all types of teaching and examination.

Copying someone else’s work is a particularly serious offence and can lead to disciplinary action. When you copy someone else’s work, you are plagiarizing. You must not copy sections of work (such as paragraphs, diagrams, tables and words) from any other person, including another student or any other author. Cutting and pasting is a clear example of plagiarism. There is a workshop and online resources to assist you in not plagiarizing called the Interactive Anti-Plagiarism Guide.

Other forms of breaking academic integrity include (but are not limited to) adding your name to a project you did not work on (or allowing someone to add their name), cheating on an examination, helping other students to cheat and submitting other students work as your own, and using non-allowed electronic equipment during an examination. All of these make you liable to disciplinary action.

Course literature


Drury, Colin, Management and cost accounting, CENGAGE Learning, latest edition.

Content updated 2019-12-19

Content updated 2015-06-24